Wednesday, 05/12/2012 18:19

QST: QST: Board Resolution


Quang Ninh Book and Educational Equipment JSC  announces the plan of stock private placement approved in the Board Resolution on 27/11/2012 as follows:

-       Name of the issuer: Quang Ninh Book and Educational Equipment JSC

-       Stock code: QST

-       Current charter capital: VND 13,500,000,000

-       New charter capital: VND 16,200,000,000

-       Stock type: Common stock.

-       Par value: VND 10,000.

-       Total volume of shares to be offered: 270,000 shares

-       Total value of shares to be offered: VND 2,700,000,000

-       Offering method : increase the charter capital from resources

-       Subject of the placement: Outstanding shareholders

-       Issue purpose: increase the charter capital

-       Issue ratio: 5:1 (shareholder owns 5 shares would receive one more issued share)

-       Expected date: 25/12/2012

-       Solution for odd shares:

+ The share issued for each shareholder will be rounded up as: the number of odd share lower than 0.5 would be rounded up to 0, the number of odd share lower than 0.5 would be rounded up to 1.

+  The pratice issued shares would be calculated base on the rounded shares.

HNX

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